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1516 Lakeview Drive

Palo Pinto, TX 76484

$1,000,000

6 bd · 3 ba · 5,908 sq ft · 1.15 ac

Bedrooms6
Bathrooms3
Living area5,908 sq ft
Lot size1.147 acres
Year built9999
Stories2
Garage2 cars
TypeSingle-family

What it costs to own

Taxes$10,807 per year
MUDNone listed
HOANone listed
Price per sq ft$169 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Palo Pinto Lake Retreat - waterfront living, reimagined! This one-of-a-kind property offers TWO homes on Lake Palo Pinto, giving you flexibility for guest quarters or serious income potential. The centerpiece of the waterfront is a custom-built, two-story dock with two boat lifts and jet ski platforms, built to handle everything from fishing trips to a full day of tubing and skiing on the lake.

The main home is a beautifully updated 3-bedroom, 2-bath residence with granite counters, a kitchen island, an open floorplan, and its own covered dock with boat lift.

The guest cabin has been completely remodeled, featuring a brand new mini-split HVAC system, a new stone back porch overlooking the water, a new propane line, and updated electrical.

Additional upgrades include a fully fenced perimeter with two new gated entrances, adding both privacy and peace of mind. A 45x50 insulated workshop with two 12x12 overhead doors and a walk-through door offers abundant storage for boats, ATVs, and all your lake toys.

Whether you're chasing full-time lake life, a weekend escape, or a turnkey rental setup, this property delivers. And with swim season still going strong, summer isn't over yet! There's still time to close and get some lake days in before fall.

The details

AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
Interior featuresDecorative Lighting, Granite Counters, Kitchen Island, Open Floorplan
Fireplace1 · Wood Burning

RoofComposition

Water sourceRural Water District
SewerAerobic Septic
ElectricElectricity Connected
UtilitiesPropane

SubdivisionLove Pp Lake

ElementarySanto
Middle schoolSanto
High schoolSanto
DistrictSanto ISD

MLS #21368920
Source
Price changeReduced by $200,000 · Oct 2, 2026
On the market38 days
CountyPalo Pinto

Around this home

One moment…

Everyday life

Nearest groceryKennedy's Sausage Hometown Market · 11 mi
Nearest parkPalo Pinto Hospital Park · 14 mi

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Listing courtesy of Keller Williams Brazos West — Lani Rust.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21368920. Information last updated October 2, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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